Fiveahead said:
That's about the silliest thing I've heard today. The company still has one station under an LMA with South Central, who is full-up, so what would they gain by jumping in bed with Journal? And why would they? Journal is the Gerald Ford of this market. [cue Chevy Chase]
They will regain programming and cruise to second place in the ratings and in five years nobody will remember that it was ever being LMA'ed by Citadel.
Exactly why is that the silliest thing you've heard? I mentioned shopping it around to both Journal AND South Central? Also, why would it be silly to shop it around to whoever offers the most money? Seems logical to me if they don't plan on running it themselves. Why wouldn't they go with whoever pays the most?
As far as them regaining programming and cruising to second place; I really don't think that will happen. Pirkle is older and I couldn't imagine that he'd really want to jump back into the day to day operations of hiring a staff to run a station when he could just sit back and collect an easier guaranteed check by LMA'ing it. Moneywise, in the current recession, it isn't worth the trouble and the cost of building studios, hiring air talent, sales, etc. etc.
But even if they did decide to take it back over, why would you assume they will "cruise to second place"? Sure, it's a great signal, but don't forget, they've programmed it themselves back in the day for years, and they never "cruised to second place" even back then (in a much less crowded market). They did have success as a CHR and some moderate success with country, but they certainly didn't cruise to second place or come anywhere near it (especially with the country format). It was respectable and got to around a 6 share or so, but 'IVK was still posting 20 shares or better. Also, they were still being beaten at the time by B97.5, WIMZ, and WMYU so they certainly weren't second back then. So, while they might have a great signal, I sure wouldn't bank on them automatically shooting to 2nd place or being a real challenge to 'IVK if they do go country. (if they wanted to go head to head with someone, they'd have a better chance at toppling Star or B than 'IVK. But either way, it would take some real money and effort, and they never really seemed to put much money into WOKI back in the day when they did run it themselves.)